1. Trade Receivables & Trade Payables  Ageing as per schedule iii of Companies Act, 2013

  1. Trade Payables Due For Payments: Gone are those days where ageing schedule for only receivables were made. From now onwards, it shall be prepared for trade payables also which are due for payment, in a tabular form, whether or not, due date of payment is specified on bill. However, unbilled dues shall be separately disclosed.
  3. Trade Receivables outstanding: Ageing schedule shall be prepared for trade receivables in a tabular form in a manner as notified by MCA, whether or not, due date of payment is specified on bill. However, unbilled dues shall be separately disclosed.